Form 4: Cabot Corp CEO Sean D. Keohane Reports Acquisition of Phantom Stock Units

Sean D. Keohane, President and CEO of Cabot Corporation, reports the acquisition of phantom stock units under the company's supplemental 401(k) plan.

Summary

• On March 14, 2025, Sean D. Keohane, the President and CEO of Cabot Corporation, acquired 221.9756 phantom stock units.
• These units were acquired under the Corporation's supplemental 401(k) plan.
• The price of the phantom stock units was $83.31.
• Following this transaction, Keohane directly owns 43,228.4824 phantom stock units.
• The phantom stock units are to be settled upon Keohane's retirement or other termination of service.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is generally neutral. The acquisition of phantom stock units can be seen as a positive sign of alignment between management and shareholder interests.

Future Outlook

The phantom stock units will be settled upon the reporting person's retirement or other termination of service.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of phantom stock units aligns the CEO's interests with those of the shareholders, as the value of the units is tied to the company's performance.

Key Dates